A $3.00 Special Dividend (15% Dividend Yield)
Sara Lee Corp (SLE) is planning a $3.00 special dividend in 2012 (see details below). SLE is trading at $20 per share so a $3.00 special dividend will be a 15% dividend yield. SLE also pays a quarterly dividend with a yield of 2.3% that will be continued throughout the capital process. Before special items, …